labor

Wichita State Business Research Center examines labor market trends

Wichita State Business Research Center examines labor market trends

Wichita State University’s Center for Economic Development and Business Research was recently asked (by Wallet Hub) about labor market issues and provided the following information on what staff are observing: Why do employers have difficulty filling positions? The three driving forces behind employers experiencing a shortage of qualified applicants are demographics, an overheated economy, and …

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Employers and job seekers attend a multi-industry job fair held during the grand opening of the PA CareerLink Buck County One-Stop Career Center, Wednesday, September 28, 2022. The career center moved from its Bristol location to its newly renovated Trevose facility in August.

Optimistic Employment Forecast for Bucks, Montco Labor Market in 2023

The local job market for 2023 appears to be looking for job seekers looking to change careers, re-enter the workforce, and those entering the workforce for the first time. Bucks and Montgomery county workforce development department officials said they have an ‘optimistic’ outlook for the year ahead as unemployment rates have fallen to pre-pandemic levels …

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Labor Shortage: How "Fairer Labor" Can Bring Women Back

Labor Shortage: How “Fairer Labor” Can Bring Women Back

The nationwide labor shortage in the United States is about to complete its second year. More than three million people have been missing since the start of the coronavirus pandemic, and many of them are women. Despite a slight progression in the decline in female unemployment over the past month, their overall employment rate has …

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Sandra Jauregui, center, a fast-food worker for 14 years, and other workers in the industry rally at the state Capitol in Sacramento on Tuesday, Nov. 15, 2022, demanding that fast-food companies such as McDonald’s, In-N-Out Burger and Chipotle stop seeking to repeal Assembly Bill 257, which creates a government-run labor council for the industry.

California restaurants collect 1 million signatures to challenge new fast food labor law

Sandra Jauregui, center, a fast food worker for 14 years, and other industry workers rally at the State Capitol in Sacramento on Tuesday, Nov. 15, 2022, demanding that fast food companies such as McDonald’s, In- N-Out Burger and Chipotle stop seeking to repeal Assembly Bill 257, which creates a government-run labor council for the industry. …

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Labor market could circumvent US recession (NABE)

Labor market could circumvent US recession (NABE)

Former Chase chief economist Anthony Chan discusses what the better-than-expected November jobs report says about the U.S. economy and inflation on “Varney & Co.” A majority of business economists believe that the US economy will continue to slow and slide into recession next year, but the impact on the labor market could be limited compared …

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The labor market is still very strong, but that means a recession next year could hurt even more

The labor market is still very strong, but that means a recession next year could hurt even more

The United States added more payrolls than expected in November, marking another month of strong growth. This expansion, along with even higher wages, is good news for workers who are still changing jobs. This scorching job market could mean more economic problems later on as the Federal Reserve steps in. Loading Something is loading. Thank …

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Cramer's Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

Cramer’s Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

On Friday, CNBC’s Jim Cramer told investors that stocks could have another good week of trading, given the good economic conditions. “As the year draws to a close, vacations will become more and more of a priority. Right now the outlook is murky – too much cross-currents. But if the labor market remains strong and …

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Cramer's Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

Cramer’s Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up

On Friday, CNBC’s Jim Cramer told investors that stocks could have another good week of trading, given the good economic conditions. “As the year draws to a close, vacations will become more and more of a priority. Right now the outlook is murky – too much cross-currents. But if the labor market remains strong and …

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US labor market shrugs off recession fears;  keeps the Fed on a tightening path

US labor market shrugs off recession fears; keeps the Fed on a tightening path

Non-farm payrolls increase by 263,000 in November Unemployment rate stable at 3.7%; turnout drops The average hourly wage increases by 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected in November and raised wages, ignoring growing fears of a recession, but that is unlikely to stop the Federal …

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US Labor chief says bad immigration policy is 'biggest threat' to economy

US Labor chief says bad immigration policy is ‘biggest threat’ to economy

Labor Secretary Marty Walsh reacts to the November jobs report and discusses other factors influencing the 2023 economic outlook. On the heels of November’s jobs report, Labor Secretary Marty Walsh warned of the “greatest threat to America’s economy.” “I think the biggest threat to our economy is that we don’t have a good, strong immigration …

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